Is Investing in Dubai Marina Property a Good Option?
2 MIN READ
Dubai is the financial hub of the Middle East. The country’s top tourist destination that witnesses the highest number of incoming tourists and immigrants is full of opportunity. Those who have visited the emirate even once can confirm that the promise of the most luxurious lifestyle is better fulfilled nowhere else. Moreover, from an investment point of view, it’s one of the most lucrative opportunities in the market. You can be sure that the returns on any investment in the emirate will be high as has been the case with all the foreign investments that have made their way into the emirate.
Investment in Dubai Property
Although there are all sorts of industries that are available for investment in the UAE; the most notable ones for obvious reasons include real estate, hospitality, medical and cosmetic as well as the tourism industry. Since the rest of these require extensive knowledge that varies with each region on the planet, the real estate sector becomes the prominent choice. Now, the question becomes where to invest in Dubai? The obvious answer right now will be the Dubai Marina and it’ll be for good reasons as well.
Ask anyone with experience in real estate investment and they’ll tell you the following reasons why investing in Dubai Marina is a good idea:
Dubai Marina Redefines Luxury Living
Dubai Marina is home to some of the most prominent mid-rise and high-rise residential projects. Some of the most popular names include:
- Stella Maris – Waterfront Property
- DEC Towers
- Manchester Towers
- Marina Gate
- Marina Diamond
Although Stella Maris is an under-construction project, it’s seeing remarkable growth and attention. Investors as well as local buyers are showing a keen interest in opportunities for investment. Having just one flat in the residential building will ensure lifetime returns on investment.
Moreover, you also find the world’s tallest standing residential structure in Dubai Marina, the Burj Khalifa. This means that not only does the area gain prominence due to luxury residences, but it’s also because of the top-tier high-class living standards adopted in the locality. You can find studios starting from AED 800k whereas 1 and 2-bedroom flats can be AED 1.15 m and AED 1.9 m respectively. The expected ROI can be near 6.4%.
All the landmark projects as well as the subsequent residential neighbourhoods and communities offer state of the art amenities and facilities. Some of these include lush green landscapes, top-floor swimming pools with glistening views of the emirate’s horizon that is crowded with skyscraping structures. The best part about most of these residences is that they’re beachfront communities.
In addition to this, the Marina enjoys popularity due to its proximity to notable accessibility to locations such as Dubai Internet City, JLT, and the beaches.
It’s the Center of Entertainment
When it comes to entertainment in the emirate, Dubai Marina is the main hub that people all around the UAE refer to. Here’s a list of the places you can go to for entertainment in Dubai Marina:
- Wild Wadi Waterpark
- Dubai Underwater Aquarium and Zoo
- Ski Dubai
- Mall of the Emirates
- Dubai Marina Mall
- Dhow Cruise
- Dubai Fountain
- IMG Worlds of Adventure
- Dolphin Bay
- Madinat Jumeirah and Souk
- Aquaventure Waterpark
- Dubai Opera
- Safa Park
- Bluewaters Island
- Marina Walk
- Dubai Water Canal
- Dubai Autodrome
- Ain Dubai
- Alserkal Avenue
Even if this seems like a lot to do, you can be sure that Dubai Marina has a lot more in terms of entertainment attractions that appeal to everyone. Needless to say, the appeal of the area is enough for anyone with an investment to contemplate as a lifetime opportunity.